Implications and advantages of filing tax returns

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Filing Tax Returns: Implications and Advantages

29 Jan, 2013

By: BankBazaar.com

Filing tax returns is an annual activity which must be fulfilled as a moral and social obligation by every citizen of this nation. This is a means for the government to determine the amount and means of expenditure of the citizens and also provides a platform for the assessee to claim refunds and other forms of relief from taxation as is applicable at that point of time.